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Assignment 01, HRM 412
Assignment 01, HRM 412
Submitted to
Laila Zaman
Assistant Professor
East West University
Submitted by
Name ID Contribution
Fatema Begum Shrabony 2017-1-10-034 20%
Tanvir Ahmed 2017-1-10-162 20%
Nur Nahar Lima 2017-1-10-247 20%
Sazid-Al-Kabir 2017-2-10-037 20%
Nusrat Fatema 2018-1-10-104 20%
Date of Submission:
August 1, 2021
Pay Structure
Organization Name: ABC Company Ltd.
Department: Sales and Marketing
Position: Marketing Manager
According to the Income Tax Paripatra 2021-2022, the National Board of Revenue Bangladesh,
the following tax is imposed on his income annually:
Slab Slab Limit Salary Count Tax Rate Amount to be
Paid(taka)
1 Up to 3,00,000 3,00,000 0% 0
Reference:
Page #2, Income Tax Paripatra 2021-2022, the National Board of Revenue Bangladesh.
Link: https://nbr.gov.bd/uploads/paripatra/2021_Paripatra_draft_final.pdf
Gross Salary 72,250 taka
Less : Total Deduction 9,679 taka
Net salary: 62,571 taka
NB: As per ABC Company Ltd. policy, 30% of basic as House allowances, 20% of basic as
medical allowance, 15% of basic as LFA and 5% of basic as transport allowance for the position
of Marketing Management.
The company deduct 8% of basic as PF, 3% of basic as loan repayment (if employee takes any
loan), and tax as per government policy for the position of Marketing Management.
NB: ABC company`s fringe benefit cost for marketing manager position per month is 16,437.49tk
monthly. The company gives two festival bonuses in two festive occasions. Performance bonus
will be given to those who exceeds their yearly target. Employees who are committed to work at
least 5 years with ABC Company Ltd. will be eligible for Gratuity.